Chicago Equity Partners LLC trimmed its holdings in shares of Electro Scientific Industries, Inc. (NASDAQ:ESIO) by 11.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 199,468 shares of the semiconductor company’s stock after selling 26,235 shares during the quarter. Chicago Equity Partners LLC owned approximately 0.58% of Electro Scientific Industries worth $3,481,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of ESIO. Itau Unibanco Holding S.A. purchased a new position in Electro Scientific Industries during the second quarter valued at approximately $109,000. Fortis Advisors LLC purchased a new position in Electro Scientific Industries during the second quarter valued at approximately $123,000. Piedmont Investment Advisors LLC purchased a new position in Electro Scientific Industries during the second quarter valued at approximately $126,000. Point72 Asset Management L.P. purchased a new position in Electro Scientific Industries in the second quarter worth $148,000. Finally, United Services Automobile Association purchased a new position in Electro Scientific Industries in the second quarter worth $168,000. 89.29% of the stock is currently owned by institutional investors.

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Several equities analysts have issued reports on ESIO shares. Lake Street Capital lowered shares of Electro Scientific Industries from a “buy” rating to a “hold” rating in a report on Tuesday, October 30th. ValuEngine raised shares of Electro Scientific Industries from a “hold” rating to a “buy” rating in a report on Wednesday, August 8th. BidaskClub raised shares of Electro Scientific Industries from a “strong sell” rating to a “sell” rating in a report on Tuesday, October 30th. Zacks Investment Research lowered shares of Electro Scientific Industries from a “hold” rating to a “strong sell” rating in a report on Wednesday, August 8th. Finally, DA Davidson lowered shares of Electro Scientific Industries from a “buy” rating to a “neutral” rating and set a $30.00 price target on the stock. in a report on Wednesday, October 31st. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. Electro Scientific Industries presently has an average rating of “Hold” and an average price target of $28.60.

Shares of ESIO opened at $29.01 on Friday. The firm has a market cap of $1.01 billion, a PE ratio of 10.82, a P/E/G ratio of 1.23 and a beta of -0.01. The company has a debt-to-equity ratio of 0.04, a quick ratio of 4.16 and a current ratio of 5.67. Electro Scientific Industries, Inc. has a 1-year low of $13.92 and a 1-year high of $29.62.

Electro Scientific Industries (NASDAQ:ESIO) last announced its quarterly earnings data on Tuesday, October 30th. The semiconductor company reported $0.59 earnings per share for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. The firm had revenue of $85.92 million for the quarter, compared to analyst estimates of $84.35 million. Electro Scientific Industries had a net margin of 37.32% and a return on equity of 45.60%. The business’s quarterly revenue was up 21.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.39 earnings per share. Sell-side analysts anticipate that Electro Scientific Industries, Inc. will post 2.01 EPS for the current fiscal year.

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